Independence Group Sustainability Report 2019

This involved the completion of local community meetings, numerous one-on- one interviews and social media surveys. The study specifically sought feedback from the Ngadju people, being the native title holders of the land in which the Nova Operation and much of our exploration activity in the Fraser Range is situated. As an outcome, IGO now has a clearer understanding of both our economic contribution to the broader community, and the community’s expectations regarding the way we operate. IGO’s greatest environmental impact is land clearing associated with our exploration activities. We continually look to new technologies that will better focus our drilling efforts, the completion of studies to understand and mitigate our impacts, and processes to improve the effectiveness of our rehabilitation efforts. In June 2018, IGO ceased mining at the Long Operation after 16 years and placed the mine into care and maintenance. IGO is proud of both the way we assisted those employees who lost jobs as a consequence of the mine’s closure and our consultation with the affected host community in Kambalda. We are also proud of the environmental clean up and the remedial works that were completed before the sale of the Long Operation to Mincor Resources NL in May 2019. As our business grows, it is important that we continue to work with integrity and strengthen our internal controls. During FY19, we launched our first Human Rights Policy and updated our Whistleblower Policy. We have also continued work to meet our compliance obligations in accordance with the Australian Modern Slavery Act 2018 and to better understand our supply chain. We have also introduced a set of IGO environmental management standards to ensure that we operate at a level beyond simple statutory compliance. We are thrilled that our alignment to clean energy is complemented by our commitment to being proactively green. We achieve this by embracing renewable energy and innovation to reduce our carbon footprint. This supports our response to climate change and our progress in meeting the recommendations set by the Task Force on Climate-related Financial Disclosures. An engaged workforce Over the last few years we have shared a journey with our people to shape the IGO culture - to deliver the type of organisation that our people want to be a part of, and of which they can be proud. This has involved everyone in the business in diverse ways, including conducting the employee engagement and opinion surveys undertaken since December 2016, the culture and values workshops, one-on-one conversations, and programs of work to ensure our findings are implemented. We are proud of what we have achieved and continue to be impressed with our insightful, engaged people. This has enabled us to shape a unique company culture. Our employee engagement score increased by 15 per cent year-on-year to 70 per cent in 2019, showing a significant improvement in how our people feel about IGO. Importantly, 86 per cent of our survey respondents indicated that they are proud to work for IGO, and 82 per cent indicated that their career intention was to stay at IGO. These results are all better than the external benchmarking norm - and great to see - but we did not need these to know how good our culture is. We see it and feel it as we interact with the people in the business every day. Responding to our stakeholders On behalf of the Board and Executive Leadership Team, we extend our thanks to everyone who has contributed to IGO’s pursuit of its purpose. In this, our fifth Sustainability Report, we have again sought to further improve our conformance to the Global Reporting Initiative (GRI) Standards and make improvements as suggested by our stakeholders. We encourage your feedback. Thank you for your ongoing support PETER BILBE CHAIRMAN PETER BRADFORD MANAGING DIRECTOR & CHIEF EXECUTIVE OFFICER IGO SUSTAINABILITY REPORT 2019 — 3